Landsea Green Management Limited (106) has provided an update on its business operations and ongoing resumption efforts. The group focuses on property development, sales, project management services, and property leasing in the People’s Republic of China and the United States. It continues to pursue a strategy of product differentiation, asset-light transformation, and revenue diversification, while proactively adjusting sales and pre-sales activities. For the financial year ended December 31, 2025, contracted sales (including entrusted management projects) reached RMB6.75 billion, covering 387,900 square meters. In January 2026, the group’s contracted sales stood at RMB442.00 million, with contracted areas totaling 29,200 square meters.

Due to departures of certain key financial reporting personnel and the “Elite Workforce” initiative that further reduced headcount, the group has experienced delays in releasing interim results for the six months ended June 30, 2025. Ongoing challenges in China’s real estate market have affected the group’s financial condition and complicated recruitment efforts for key positions. The group is engaging with various parties to formulate a viable resumption plan to address the resumption guidance requirements.

Trading in the shares of Landsea Green Management Limited has been suspended since September 1, 2025, and remains suspended. The group has stated that it will continue communications with its major builders and suppliers to maintain orderly operations, bolster collections, and ensure timely project development.